MORNING UPDATE: PriceWatch Alerts for GLD and More... for 2022-10-18 |
| PriceWatch Alerts for GLD, DBC, HACK, MDY, GIS, RPM, IJH, LW, KIE, and JETS. Today's optimal covered call on Gold SPDR has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of GLD stock at $153.42 per share and sell one contract of the Gold SPDR October 28, 2022 153 call for $2.27 for a net debit of $151.15 per share. This trade lasts 10 days, giving it an annualized return rate of 40.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on DB Commodity Index Fund Invesco has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of DBC stock at $25.11 per share and sell one contract of the DB Commodity Index Fund Invesco November 18, 2022 25 call for $0.96 for a net debit of $24.15 per share. This trade lasts 31 days, giving it an annualized return rate of 40.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Etfmg Prime Cyber Security ETF has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of HACK stock at $43.02 per share and sell one contract of the Etfmg Prime Cyber Security ETF November 18, 2022 42 call for $2.33 for a net debit of $40.69 per share. This trade lasts 31 days, giving it an annualized return rate of 36.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on S&P Midcap 400 SPDR has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of MDY stock at $420.78 per share and sell one contract of the S&P Midcap 400 SPDR November 18, 2022 415 call for $18.64 for a net debit of $402.14 per share. This trade lasts 31 days, giving it an annualized return rate of 36.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on General Mills has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of GIS stock at $77.41 per share and sell one contract of the General Mills November 18, 2022 77.5 call for $2.26 for a net debit of $75.15 per share. This trade lasts 31 days, giving it an annualized return rate of 35.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on RPM International Inc has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of RPM stock at $91.78 per share and sell one contract of the RPM International Inc November 18, 2022 90 call for $4.47 for a net debit of $87.31 per share. This trade lasts 31 days, giving it an annualized return rate of 35.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on S&P Mid-Cap 400 Ishares Core ETF has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of IJH stock at $229.74 per share and sell one contract of the S&P Mid-Cap 400 Ishares Core ETF November 18, 2022 225 call for $11.14 for a net debit of $218.60 per share. This trade lasts 31 days, giving it an annualized return rate of 33.4%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Lamb Weston Holdings Inc has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of LW stock at $84.55 per share and sell one contract of the Lamb Weston Holdings Inc December 16, 2022 85 call for $3.82 for a net debit of $80.73 per share. This trade lasts 59 days, giving it an annualized return rate of 32.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on S&P Insurance ETF SPDR has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of KIE stock at $38.52 per share and sell one contract of the S&P Insurance ETF SPDR November 18, 2022 38 call for $1.54 for a net debit of $36.98 per share. This trade lasts 31 days, giving it an annualized return rate of 31.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on US Global Jets ETF has an assigned return rate of 6.6%. To enter this trade, buy 100 shares of JETS stock at $16.20 per share and sell one contract of the US Global Jets ETF January 20, 2023 14.86 call for $2.26 for a net debit of $13.94 per share. This trade lasts 94 days, giving it an annualized return rate of 25.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Are you looking for a more conservative strategy that solves the pitfalls that come with covered calls investing? Check out our RadioActive Home Study Kit (http://www.poweropt.com/psDetails.asp?pid=25)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE ServiceNow Inc (NOW), Juniper Networks, Inc. (JNPR) and Carnival Corp (CCL) are moving higher this morning, while Masco Corp (MAS), International Paper Co (IP) and Campbell Soup Company (CPB) are headed lower. while Global Payments Inc (GPN), Cleveland-Cliffs Inc (CLF) and RPM International Inc. (RPM) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.82%, the Australia ASX All Ordinaries is up 1.78%, the Nikkei 225 is up 1.42% the Mumbai Sensex is up 0.94% and the Shanghai SE Composite Index is down -0.13%. In Europe stocks are up. The DAX is up 1.56%, the Euro Stoxx 50 is up 1.45%, the FTSE 100 is up 1.15% and the CAC 40 is up 1.14%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.25 at 85.21 per barrel. Brent crude is down -0.14 at 91.48 per barrel. Natural Gas is up 0.01 at 6.01. Precious metals are mixed this morning. Gold is up 2.93 at 1653.02 per ounce. Platinum is up 6.88 at 924.13 while silver is flat 0 at 18.72. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. Bitcoin is up 0.64% to $19,579.57 while Ethereum is up 0.72% to $1,326.91. Equity PUT/CALL RATIO Yesterday, 1,507,285 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,196,735 put contracts. The single-session put/call ratio was 0.79. TODAY'S ECONOMIC CALENDAR Capacity Utilization Sep 09:15 ET Industrial Production Sep 09:15 ET NAHB Housing Market Index Oct 10:00 ET EARNINGS EXPECTED TODAY: ACI, AMOV, AMX, CATC, CBSH, EQBK, GS, HAS, HBCP, HWC, IBKR, JNJ, LMT, MBWM, NFLX, SBNY, SI, STT, SVNLY, TFC |
